MNA vs. REZ ETF Comparison
Comparison of IQ Merger Arbitrage ETF (MNA) to iShares Residential Real Estate Capped ETF (REZ)
MNA
IQ Merger Arbitrage ETF
MNA Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Merger Arbitrage Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"). The underlying index seeks to employ a systematic investment process designed to identify opportunities in companies whose equity securities trade in developed markets, including the U.S., and which are involved in announced mergers, acquisitions and other buyout-related transactions. It is non-diversified.
Grade (RS Rating)
Last Trade
$32.93
Average Daily Volume
62,649
6
REZ
iShares Residential Real Estate Capped ETF
REZ Description
The investment seeks to track the investment results of an index composed of U.S. residential, healthcare and self-storage real estate equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential, healthcare and self-storage real estate sectors of the U.S. equity market. Components primarily include real estate investment trusts ("REITs"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$86.18
Average Daily Volume
148,801
39
Performance
Period | MNA | REZ |
---|---|---|
30 Days | 0.70% | -1.16% |
60 Days | 2.68% | 8.55% |
90 Days | 3.67% | 12.34% |
12 Months | 6.07% | 35.69% |
0 Overlapping Holdings
Symbol | Grade | Weight in MNA | Weight in REZ | Overlap |
---|
MNA Underweight 39 Positions Relative to REZ
Symbol | Grade | Weight | |
---|---|---|---|
WELL | C | -15.16% | |
PSA | C | -11.1% | |
EXR | D | -7.33% | |
AVB | C | -6.22% | |
EQR | C | -5.51% | |
VTR | C | -4.47% | |
ARE | D | -4.38% | |
INVH | D | -4.27% | |
ESS | D | -4.06% | |
MAA | D | -3.95% | |
SUI | D | -3.55% | |
DOC | C | -3.4% | |
UDR | C | -3.22% | |
AMH | D | -2.82% | |
ELS | D | -2.82% | |
CPT | C | -2.74% | |
CUBE | C | -2.56% | |
OHI | C | -2.16% | |
HR | D | -1.47% | |
IRT | D | -0.97% | |
CTRE | C | -0.95% | |
SBRA | C | -0.92% | |
MPW | C | -0.74% | |
NHI | C | -0.74% | |
NSA | D | -0.7% | |
AHR | C | -0.45% | |
LTC | D | -0.34% | |
ELME | D | -0.33% | |
SILA | C | -0.32% | |
VRE | C | -0.3% | |
UMH | D | -0.27% | |
AIV | D | -0.27% | |
CSR | D | -0.23% | |
NXRT | D | -0.21% | |
DHC | C | -0.19% | |
GMRE | C | -0.13% | |
UHT | D | -0.12% | |
CHCT | F | -0.1% | |
BRT | D | -0.04% |
MNA: Top Represented Industries & Keywords
REZ: Top Represented Industries & Keywords